Difference between revisions of "What Are Taxes?"
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{{Paying Taxes in BC TOC}} | {{Paying Taxes in BC TOC}} | ||
Everyone who lives in Canada pays taxes to all three levels of government: | Everyone who lives in Canada pays taxes to all three levels of government: | ||
* federal government, | |||
* | * provincial government, and | ||
* | * municipal (city or town) government. | ||
* | |||
Taxes pay for many services that everyone in Canada uses. For example: | Taxes pay for many services that everyone in Canada uses. For example: | ||
* medical care, | |||
* medical care | * police, | ||
* police | * schools, | ||
* schools | * universities, | ||
* universities | * defence, | ||
* defence | * roads, | ||
* roads | * bridges, | ||
* bridges | * parks, | ||
* parks | * swimming pools, and | ||
* swimming pools | * community centres. | ||
* community centres | |||
There are different kinds of taxes in British Columbia. The main taxes to know about are: | There are different kinds of taxes in British Columbia. The main taxes to know about are: | ||
* income tax, | |||
* | * sales tax, also known as harmonized sales tax or HST, | ||
* | * property tax, | ||
* | * duty, a tax you pay when you bring goods into Canada, and | ||
* | * consumer taxes. | ||
* | |||
{{REVIEWED | reviewer = [[People's Law School]], 2011}} | {{REVIEWED | reviewer = [[People's Law School]], 2011}} | ||
Revision as of 21:54, 22 March 2014
Paying Taxes in BC from People's Law School has been replaced by Essentials of Money & Debt. This new title covers income tax as well as other aspects of managing your finances and dealing with debt-related problems.
Everyone who lives in Canada pays taxes to all three levels of government:
- federal government,
- provincial government, and
- municipal (city or town) government.
Taxes pay for many services that everyone in Canada uses. For example:
- medical care,
- police,
- schools,
- universities,
- defence,
- roads,
- bridges,
- parks,
- swimming pools, and
- community centres.
There are different kinds of taxes in British Columbia. The main taxes to know about are:
- income tax,
- sales tax, also known as harmonized sales tax or HST,
- property tax,
- duty, a tax you pay when you bring goods into Canada, and
- consumer taxes.
| This information applies to British Columbia, Canada. Last reviewed for legal accuracy by People's Law School, 2011. |
Paying Taxes in BC from People's Law School has been replaced by Essentials of Money & Debt. This new title covers income tax as well as other aspects of managing your finances and dealing with debt-related problems.
 Paying Taxes in BC © People's Law School is, except for the images, licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International Licence.
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